The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
ONGC surged on the back of the news that the government is considering the sale of 5% stake in the company
Operating margins declined 171 bps to 13.4% primarily on account of wage increase during the quarter.
Bajaj Holdings & Investments sold 846,470 shares or 6.42% stake of Force Motors between June 16 and July 11 through open market.
Q1 consolidated net profit declined by 25% to Rs 17 crore against Rs 23 crore in the same quarter last fiscal.
ICICI Bank and SBI up 2.5% each along with ONGC, BHEL, Bajaj Auto were the top gainers
The board had recommended a dividend of Rs 52.50 per equity share of face value of Rs 2 for the financial year ended March 31, 2014.
The market breadth is positive on the BSE with 1,535 shares advancing and 1,019 shares declining.
The company's market share rose to 12.6% from 12.1% in June quarter, first time in two years.
Syndicate Bank, ICICI Bank, BOI, Union Bank, IOB and Canara Bank are up over 3% each on NSE.
The market breadth is positive on the BSE with 1,211 gainers and 421 losers.
The stock rallied 44% from Rs 42 to Rs 61 in past two trading sessions on the National Stock Exchange.
Q1 standalone net profit more than doubled at Rs 44 crore against Rs 18 crore in the same quarter last fiscal.
Here are few stocks you need to keep a tab on for today
Sesa Sterlite, Infosys, Wipro, Bharti Airtel and HUL are contributing to the decline.
The drug pricing regulator, National Pharmaceutical Pricing Authority bought anti-diabetic and cardiac medicines under price control.
PC Jeweller, Rajesh Exports, TBZ, Gitanjali Gems, Titan Company and Shree Ganesh Jewellery are down 2-6% on BSE.
Markets continued to trade lower amid profit taking in IT major Infosys
Sensex was down 61 points at 24,963 and the Nifty slipped 18 points to trade at 7,442
Sensex is trading at 24,960 levels lower by 64 points and the Nifty is trading at 7,442 levels lower by 17 points
ITC Hotels is close to acquiring the Ramada Caravela Beach Resort from Advani Hotels, report.